Individuals, who are looking to secure a mortgage loan at PNC Bank (NYSE:PNC), may encounter some lower interest rate levels, as the lender reduced rates on some of its loans during the last few days. For instance, the 30-year refinance loan package is currently advertised at a rate of 4.375% – 4.625% at this lender, tumbling from the previous 4.500% – 4.750% that it held on Thursday. Another loan package, which can be used for refinancing purposes is the 20-year fixed mortgage. The Pittsburgh-based loan provider offers this mortgage at a rate of 4.000% – 4.375%. Borrowers, who are seeking for shorter-term refinance loans, may want to consider PNC Bank’s 15-year FRM, which starts at 3.250% – 3.625%. As far as the 10-year refinance loan is concerned, it’s up for grabs at a rate of 3.000% – 3.500% at this bank. Check the details below for further details on current mortgage interest rates, as well as information on today’s home purchase rates.

PNC Bank has been offering excellent mortgage rates under both its home purchase and refinance programs, so those who are looking to invest either in a new / used home or to refinance an existing loan, may find some ideal mortgage deals at this financial institution.

The rate information provided assumes the purpose of the mortgage loan is to purchase a property, an existing single family home to be used as a primary residence with a loan amount of $200,000. The property is located in Chicago, IL. The interest rate reflects a 30 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

The rate information provided assumes the purpose of the mortgage loan is to refinance an existing mortgage with a loan amount of $200,000. The property is located in Chicago, IL. The interest rate reflects a 45 day rate lock period. The actual mortgage interest rate will depend on a number of factors including but not limited to loan type, credit profile, property type, appraised value, occupancy and loan size.

Please, note that the current mortgage interest rates above are only estimates. Mortgage rates may vary without prior notice from the lender and are subject to change based on location, geography and other terms and conditions. The annual percentage rates (APR) were made based on discount points, origination fees, average loan fees and closing costs.

As far a current national average interest rates are concerned, Freddie Mac published the results of its weekly Primary Mortgage Market Survey (PMMS) on Thursday, which showed that the average rate on the 30-year fixed loan rose to 4.37% As for the 15-year FRM, the national average rate increased to 3.38%, the Virginia-based mortgage-buyer said in its weekly survey.

Further details on PNC Bank’s mortgage interest rates, borrowing terms and conditions, as well as information on other loan options, can be found on the lender’s website.